In 2024, the total value of U.S. trade goods amounted to approximately 5.4 trillion U.S. dollars. This shows the significance and scale of international trade for the economy of the United States. In 2024, the United States imported goods valuing around 3.3 trillion U.S. dollars from international trading partners, in comparison the value of goods exported from the United States to other countries amounted to around 2.1 trillion U.S. dollars.Import and export trade The import of trade goods relate to goods brought into the United States. This typically refers to goods grown, produced, or manufactured in other countries. Imports include goods of domestic origin which have been worked on abroad before reentering the United States. The export of trade goods refer to goods sold internationally which were grown, produced, or manufactured in the United States. It also includes commodities of foreign origin which have been changed in the United States from the form in which they were imported, or which have been enhanced in value or condition by further processing or manufacturing within the United States before again being sold internationally. Leading trade partners of the United States In 2023, Mexico was the largest source of goods imported into the United States, with goods valuing approximately 475.6 billion U.S. dollars. Mexico and Canada were the second and third largest exporters of goods to the United States, respectively. In 2023, Canada was the leading destination of goods exported from the United States, with U.S. trade goods worth over 350 billion U.S. dollars exported to Canada. Mexico and China also feature at the top of the list of importers of U.S. goods.

As of 2024, the United States had a trade deficit of about *** billion U.S. dollars. The U.S. trade deficit has increased since 2009, peaking in 2022. Most recently, 2023 marked the year when the U.S. trade deficit decreased from the previous year. What is trade deficit? A trade deficit is, quite simply, the total value of a country’s imports of goods and services minus the total value of its exports of goods and services. When a country exports more than it imports, it has a trade surplus, and when it imports more than it exports, it has a trade deficit. A trade deficit can mean one of two things: Either the country is failing to produce enough goods for its citizens, or its citizens are wealthy enough to purchase more goods than the country produces (as is the case with the United States). Trading partners The United States’ top export partners are its closest neighbors, Canada and Mexico, due in part to the North American Free Trade Agreement (NAFTA), which, pending ratification, will be replaced by the United States-Mexico-Canada Agreement (USMCA). Regarding imports to the U.S., China takes the top spot, followed by Mexico and Canada.

The United States recorded a trade deficit of 59.55 USD Billion in August of 2025. This dataset provides the latest reported value for - United States Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

This timeline shows the total value of the United States' trade balance from ************ to **********. In that month, the United States had a trade deficit of about **** billion U.S. dollars.

The United States' total Imports in 2024 were valued at US$3.36 Trillion, according to the United Nations COMTRADE database on international trade. The United States' main import partners were: Mexico, China and Canada. The top three import commodities were: Machinery, nuclear reactors, boilers; Electrical, electronic equipment and Vehicles other than railway, tramway. Total Exports were valued at US$2.06 Trillion. In 2024, The United States had a trade deficit of US$1.29 Trillion.

View monthly updates and historical trends for US Trade Deficit. from United States. Source: Bureau of Economic Analysis. Track economic data with YCharts…

The timeline shows the total value of U.S. trade in goods (export and import) with Brazil from 2000 to 2024. In 2024, exports surpassed imports, leading to a positive trade balance of almost **** billion U.S. dollars.

A collection of the following trade data fields (in billions of USD) from 100+ countries: * U.S. total goods trade with the country * U.S. goods exports to the country * Year-over-year change (in percentage) in U.S. goods exports * U.S. goods imports from the country * Year-over-year change (in percentage) in U.S. goods imports * U.S. goods trade surplus or deficit with the country * Year-over-year change (in percentage) in the trade balance

This data refers to 2024 and was dynamically extracted in 2025 from the USTR website using web scraping.

The United States' total Exports in 2024 were valued at US$2.06 Trillion, according to the United Nations COMTRADE database on international trade. The United States' main export partners were: Canada, Mexico and China. The top three export commodities were: Mineral fuels, oils, distillation products; Machinery, nuclear reactors, boilers and Electrical, electronic equipment. Total Imports were valued at US$3.36 Trillion. In 2024, The United States had a trade deficit of US$1.29 Trillion.

Goods Trade Balance in the United States increased to -85541 USD Million in August from -102840 USD Million in July of 2025. This dataset provides - United States Goods Trade Balance- actual values, historical data, forecast, chart, statistics, economic calendar and news.

China recorded a trade surplus of 90.07 USD Billion in October of 2025. This dataset provides - China Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The timeline shows the total value of U.S. trade in goods (export and import) with Japan from 2000 to 2024. In 2024, the total value of U.S. trade in goods with Japan amounted to about *** billion U.S. dollars; composed of exports worth ** billion U.S. dollars and imports of *** billion U.S. dollars.

Key information about United States Total Exports

• United States Total Exports recorded 178.2 USD bn in Aug 2025, compared with 178.5 USD bn in the previous month
• US Total Exports data is updated monthly, available from Jan 1989 to Aug 2025, with an averaged value of 92.6 USD bn
• The data reached an all-time high of 190.1 USD bn in Apr 2025 and a record low of 28.4 USD bn in Jan 1989

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Further information about United States Total Exports

• In the latest reports, US Total Exports grew 0.8 % YoY in Aug 2025
• Total Imports recorded 262.5 USD bn in Aug 2025, which registered a decrease of 3.8 % year on year
• US Trade Balance recorded a deficit of 84.3 USD bn in Aug 2025

In 2024, the total value of the U.S. trade in goods with China amounted to around *** billion U.S. dollars composed of a ****** billion U.S. dollars export value and a ****** billion U.S. dollars import value. This represented a negative trade balance of ***** billion U.S. dollars.

United States Imports from China was US$462.62 Billion during 2024, according to the United Nations COMTRADE database on international trade. United States Imports from China - data, historical chart and statistics - was last updated on December of 2025.

Since 2009, Brazil has experienced successive trade deficits with the US. This indicates that Brazil has spent more on imports than it has earned on exports. In 2024, the trade deficit was 0.25 billion U.S. dollars.

Graph and download economic data for Trade Balance: Goods, Balance of Payments Basis (BOPGTB) from Jan 1992 to Aug 2025 about BOP, balance, trade, goods, and USA.

Key information about United States Total Trade of Goods and Services: % of Nominal GDP

• United States Total Trade of Goods & Services: % of Nominal GDP recorded 24.490 % in Jun 2025, compared with 25.539 % in the previous quarter.
• United States Total Trade of Goods & Services: % of Nominal GDP data is updated quarterly, available from Mar 1947 to Jun 2025, with an averaged value of 16.651 %.
• The data reached an all-time high of 31.839 % in Sep 2008 and a record low of 7.613 % in Dec 1949.

CEIC calculates quarterly Total Trade of Goods and Services as % of Nominal GDP from quarterly Total Trade of Goods and Services and quarterly Nominal GDP. The Bureau of Economic Analysis provides Total Trade of Goods and Services in USD and Nominal GDP in USD.

United States Imports from Mexico was US$509.96 Billion during 2024, according to the United Nations COMTRADE database on international trade. United States Imports from Mexico - data, historical chart and statistics - was last updated on December of 2025.

In July 2025, the total value of the U.S. trade in goods with China exceeded 35 billion U.S. dollars. This comprises a 9.3 billion U.S. dollar export value and around 26.41 billion U.S. dollar import value.